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Peter Obi should contest 2023 presidential election

Wisdom Nwachukwu

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A socio-political organization, the Movement for the Election of Nigerian President of Igbo Extraction, wants Mr. Peter Obi to contest the 2023 presidential poll.

Obi was the vice-presidential candidate of the Peoples Democratic Party (PDP) in 2019 election.

The group made the call in a statement by its National Convener, Mr Vincent Ezekwueme, at the weekend in Enugu.

According to Ezekwueme, the appeal is based on the national acceptance of Obi due to his prudent management of public funds and selfless service to sectors of the economy, irrespective of state, religion or ethnicity.

The statement said: “Obi, a former governor of Anambra, changed politics from transactional to transformational and attuned himself as a servant-leader to the people.

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“It is pertinent to note that Obi is not only honest and transparent, but also humble, selfless and fanatical when it comes to the welfare of the citizenry.

“It is on record that his renovation of schools and hospitals and the empowerment of children, youths and widows stand out in Anambra to date.

“Obi is the person Nigerians need as their president to actualize Nigeria of our dreams, hopes and aspirations.’’  Ezekwueme, however, reiterated his earlier appeal to parties to zone their presidential candidates to the Southeast in the spirit of justice, equity, morality and good conscience.

“It will be in the best interest of the nation to re-enact the 1999 scenario in which the presidency was ceded to the Southwest to pacify the people over the annulment of June 12 presidential election.”

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“The June 12 presidential election was clearly won by Chief MKO Abiola of the Social Democratic Party (SDP),” he recalled.

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Negotiating With Bandits Not Best Solution-Abdulsalami Abubakar

Wisdom Nwachukwu

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Abubakar said this while speaking to newsmen after a meeting with the Nigerian Governors Forum in Minna.

He mentioned that the best way to solve Nigeria’s banditry and kidnapping problems is to ensure that the crimes are not committed in the first place.

While admitting that sometimes negotiations might be used to save the lives of kidnap victims, General Abdulsalami said Nigeria needs tight security that can checkmate the miscreants before they strike.

Speaking on the Kagara abduction, Abdulsalami said it will be unwise for anyone to, however, storm a hideout of bandits to rescue students.

“Even if anyone knows the location of students, it will be foolhardy to storm the place in a bid to fight and bring them back. In the process, some innocent lives will be lost.

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He, however, advised the authorities to ensure that security is beefed up alongside an increase in manpower to forestall further occurrences.

“Nigeria’s security architecture is overstretched and the Police Force is underpopulated, hence the need for support from the citizens and an increase in manpower.

“Nigeria must go back to the time when brotherly love existed. Let us go back to when we were our brothers’ keeper,” Abdulsalami pleaded.

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Cryptocurrency: We Acted In Nigerians’ Best Interest – Emefiele

Wisdom Nwachukwu

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The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has said the bank’s decision to prohibit deposit money banks, non-banking institutions and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system.

Emefiele stated this yesterday while briefing a joint Senate Committee on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime and Capital Market, on its directive to institutions under the apex bank’s regulation.

Describing the operations of cryptocurrencies as dangerous and opaque, the CBN Governor said the use of cryptocurrency contravened an existing law. He said given the fact that cryptocurrencies were issued by unregulated and unlicensed entities made it contrary to the mandate of the apex bank as enshrined in the CBN Act (2007) declaring it as the issuer of legal tender in Nigeria.

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Emefiele, who also differentiated between digital currencies, which central banks can issue and cryptocurrencies issued by unknown and unregulated entities, stressed that the anonymity, obscurity and concealment of cryptocurrencies made it suitable for those who indulge in illegal activities such as money laundering, terrorism financing, purchase of small arms and light weapons and tax evasion.

Citing instances of investigated criminal activities that had been linked to cryptocurrencies, he stated that the legitimacy of money and the safety of Nigeria’s financial system was central to the mandate of the CBN, even as he declared that “Cryptocurrency is not legitimate money” because it is not created or backed by any central bank.

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Cryptocurrency has no place in our monetary system at this time and cryptocurrency transactions should not be carried out through the Nigerian banking system,” he added. Emefiele also emphasized that the bank’s actions were not in any way, shape or form inimical to the development of FinTech or a technology-driven payment system. On the contrary, he noted that the Nigerian payment system had evolved significantly over the past decade, surpassing those of many of its counterparts in emerging, frontier and advanced economies boosted by reforms driven by the CBN.

While urging that the issue of cryptocurrency be treated with caution, the CBN Governor assured that the Bank would continue its surveillance and deeper understanding of the digital space, stressing that the ultimate goal of the CBN was to do all within its regulatory powers to educate Nigerians on emerging financial risks and protect our financial system from the activities of currency speculators, money launderers, and international fraudsters.

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23 Year Old Wisdom Uzoma Arrested For Killing Mate During Cult Clash in Imo

Wisdom Nwachukwu

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The Imo state police command has arrested a 23-year-old suspected cultist, Wisdom Uzoma, for allegedly killing a man, Tobechi Chijioke Duru during a cult clash on February 20.

A statement released by the spokesperson of the command, Ikeowku Orlando, says operatives of the Command received a distress call and moved to Agwa Secondary school,  Agwa, in Oguta LGA.

Ikeokwu said upon arriving at the scene, operatives met the remains of late Tobechi who was said to have been killed while two rival cult groups clashed at the school premises.

”However, on the 21/02/21, based on discreet and painstaking investigations, operatives of the command arrested the fleeing  suspect one WISDOM UZOMA”M” 23yrs old, of Obidi Agwa, in Oguta LGA, Imo state. ” Ikeokwu said in a statement

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The police spokesperson added that the suspect confessed to the crime and will be prosecuted accordingly.

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